PUBLISHER: Grand View Research | PRODUCT CODE: 1511814
PUBLISHER: Grand View Research | PRODUCT CODE: 1511814
The U.S. dental service organization market size is anticipated to reach USD 76.2 billion by 2030, exhibiting a CAGR of 16.4% during the forecast period, according to a new report by Grand View Research, Inc. The increase in awareness regarding the importance of oral health and its role in overall well-being drives the demand for specialized dental services in the country. Dental service organizations (DSOs) can cater to these needs by providing a network of specialized dentists and facilities. DSOs can help its centralized management to achieve economies of scale, which in turn can lead to cost efficiencies. This allows them to offer competitive pricing and attract more dental practices, thereby contributing to market growth.
New launches by key players, mergers and acquisitions, and approvals in the U.S. dental service organization are further adding to the market growth. For instance, in April 2020, Pacific Dental Services launched TeleDentistry, a new initiative that allowed dentists to increase access to care for adult and pediatric patients throughout the U.S. Moreover, in December 2021, Aspen Dental Management, Inc. announced the rebranding of its parent company as TAG - The Aspen Group. This new positioning helped the company's rapid expansion in businesses such as dental implants and urgent care. These novel strategies developed in the industry create new opportunities for the U.S. dental service organization market growth.